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The 16th Annual Los Angeles Antiques Show 2011

Source: Mark Sullivan / Getty

American Idol has its sights set on judge #2 for the reboot … and it’s Lionel Richie.

Richie’s legendary music career makes him a perfect pick – credibility and a knack for honing in on what will become popular. Richie is also extremely outgoing, which makes for good TV.

The question … how much can producers afford to pay Richie, or for that matter any judge who fills the vacant seats? They paid Katy Perry – $25 million — which essentially blew their intended judge’s budget.

Source TMZ